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Israeli Ultra-Orthodox men study full-time in yeshiva until age 40 on average. Why do fathers with families in poverty choose yeshiva over work? Draft deferments subsidize yeshiva attendance, yet attendance typically continues long after exemption. Fertility rates are high (TFR = 7.6) and...
Persistent link: https://www.econbiz.de/10005692163
Demand for less-skilled workers plummeted in developed countries in the 1980s. In open economies, pervasive skill-biased technological change (SBTC) can explain this decline. SBTC tends to increase the domestic supply of unskill-intensive goods by releasing less-skilled labor. The more countries...
Persistent link: https://www.econbiz.de/10005737438
This paper investigates the shift in demand away from unskilled and toward skilled labor in U.S. manufacturing over the 1980s. Production labor-saving technological change is the chief explanation for this shift. That conclusion is based on three facts: (1) the shift is due mostly to increased...
Persistent link: https://www.econbiz.de/10005737792